Quarterly ResultAug 5, 2026, 04:10 PM
SolarEdge Q2 Net Loss Narrows to $30.75M; Revenue Up 19.6%
AI Summary
SolarEdge Technologies reported a significant narrowing of its net loss for the second quarter of 2026, reaching $30.75 million compared to $124.74 million in the same period last year. Revenue for the quarter increased by 19.6% to $346.25 million, driven by a substantial rise in gross profit to $95.15 million. For the first six months of 2026, the company generated $35.84 million in net cash from operating activities, while total current assets grew to $1.87 billion.
Key Highlights
- Net loss for Q2 2026 narrowed to $30.75 million from $124.74 million in Q2 2025.
- Revenue for Q2 2026 increased 19.6% to $346.25 million from $289.43 million in Q2 2025.
- Gross profit for Q2 2026 significantly rose to $95.15 million from $32.13 million in Q2 2025.
- Net cash provided by operating activities for the six months ended June 30, 2026, was $35.84 million.
- Total current assets increased to $1.87 billion as of June 30, 2026, from $1.74 billion at year-end 2025.
- Total stockholders' equity decreased to $412.09 million as of June 30, 2026, from $427.46 million at year-end 2025.
- Recognized $2.52 million in R&D tax credits under the new Israeli R&D Law.
- One contract manufacturer accounted for 51.3% of total trade payables as of June 30, 2026.
Price Impact
More from SEDG